Skip to content

CONTRACT AR

Inactive
KBO/BCE: BE 0746.559.213

CONTRACT AR was declared bankrupt on 06-08-2024 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 08-05-2025, published in the Belgian State Gazette on 14-05-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

Risk analysis Watch Report Compare
CONTRACT ARInactive
Risk analysis Report Compare

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-12-2021, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2020
153 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2020 accounts 153 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

CONTRACT AR has filed annual accounts once, for fiscal year 2020.1 The company was declared bankrupt on 6 August 2024; the bankruptcy was closed on 8 May 2025.23

  1. 1National Bank, annual accounts 2020
  2. 2Belgian State Gazette, 13-08-2024
  3. 3Belgian State Gazette, 14-05-2025

Financials · fiscal year 2020, micro schema

Turnover
€7,363
EBIT margin
-290.6%
Net result
-€21,796
Working capital
€2,204

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €10,986
Equity €2,204
Debt €8,782
Debt finances 79.9% of the balance-sheet total.
Key figures and ratios
2020 value
Current ratio
1.25
Quick ratio
0.98
ROE
-989.0%
ROA
-198.4%
Debt ≤ 1 year
€8,782
Annual accounts
Filed annual accounts As filed with the NBB · 2020 · 19 lines
Balance sheet Code2020
Assets
Total assets20/58€10,986
Current assets29/58€10,986
Stocks and contracts in progress3€2,360
Amounts receivable within one year40/41€8,040
Cash at bank and in hand54/58€586
Equity and liabilities
Total equity and liabilities10/49€10,986
Equity10/15€2,204
Contributions10/11€24,000
Profit (loss) carried forward14-€21,796
Amounts payable17/49€8,782
Amounts payable within one year42/48€8,782
Trade debts44€7,127
Income statement Code2020
Turnover70€7,363
Gross operating margin9900-€19,059
Operating profit (loss)9901-€21,397
Recurring financial charges65€400
Profit (loss) for the period before taxes9903-€21,796
Profit (loss) for the period9904-€21,796
Profit (loss) for the period to be appropriated9905-€21,796
Line2020
Turnover70€7,363
Gross operating margin9900-€19,059
Operating profit (loss)9901-€21,397
Recurring financial charges65€400
Profit (loss) for the period before taxes9903-€21,796
Profit (loss) for the period9904-€21,796
Profit (loss) for the period to be appropriated9905-€21,796
Line2020
Assets
Total assets20/58€10,986
Current assets29/58€10,986
Stocks and contracts in progress3€2,360
Amounts receivable within one year40/41€8,040
Cash at bank and in hand54/58€586
Equity and liabilities
Total equity and liabilities10/49€10,986
Equity10/15€2,204
Contributions10/11€24,000
Profit (loss) carried forward14-€21,796
Amounts payable17/49€8,782
Amounts payable within one year42/48€8,782
Trade debts44€7,127
Line2020
Profit (loss) for the period9904-€21,796
Operating cash flow (approximation)-€21,796

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
14-05
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · event 08-05-2025
2024
13-08
Bankruptcy Opening
Ondernemingsrechtbank Leuven · event 06-08-2024
2021
31-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint

Insolvency mandates

1 mandate
Role Name Tenure
Curator CHRISTOPHE CELIS
GRASBOS 35, 3294 MOLENSTEDE-
 06-08-2024 → 08-05-2025

We would like to set cookies. That happens only with your consent. What we measure